Aug. 14, 2023, 9 a.m. | Ravi Mayuram

InfoWorld Analytics www.infoworld.com



Artificial intelligence has advanced significantly since its inception in the 1950s. Today, we are seeing the emergence of a new era of AI, generative AI. Businesses are discovering a broad range of capabilities with tools such as OpenAI’s DALL-E 2 and ChatGPT, and AI adoption is accelerating among businesses of all sizes. In fact, Forrester predicts that AI software spend will reach $64 billion in 2025, nearly double the $33 billion in 2021.

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